Corporate Law Articles

Reply of MCA E-Adjudication Notice

Posted by CS Divesh Goyal 24 June 2020 4817 Views

Ministry of Corporate Affairs has issued notice to approximately 3000 companies due to non compliance of provision of Section 96(1) for not holding of AGM within Due date.

Key Takeaway: Report of Company Law Committee 2019

Posted by CS Divesh Goyal 23 June 2020 3414 Views

Key Takeaway: Report of Company Law Committee 2019

Why Actuarial Services are required by Companies for Accounting for Defined Benefit Plans?

Posted by Tikaram Chaudhary 24 December 2019 4929 Views

This article is prepared to create general awareness about requirement of Actuarial Services for Accounting for Defined Benefit Plans & Components of Actuarial Valuation Reports amongst Professionals/Company Personnel involved in Finalization of Financial Statements.

Independent Directors in Corporate Board - A reality check

Posted by Prashant Panda 17 June 2020 5987 Views

Erstwhile Companies Act 1956 had no specific definition of "Independent Director".

Preferential allotment vs private placement vs right issue - An analysis

Posted by Prashant Panda 13 June 2020 9349 Views

India companies in order to invest funds in its business operations, explore many options like Issue of Shares, Debentures, Zero Coupon Bonds, Public Deposits, Loans from Banks and Financial Institutions and other traditional sources.

DIR-3 KYC/KYC web

Posted by Prashant Panda 16 December 2019 4714 Views

The Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2019 came into force w.e.f 25th July, 2019 to amend the provisions related to KYC of directors.

Compliance Check List for Nidhi Company

Posted by Prashant Panda 14 December 2019 18125 Views

Check out all the compliances for a Nidhi Company.

Rotation of statutory auditor

Posted by Prashant Panda 11 December 2019 14342 Views

Know all about the provisions related to the rotation of the statutory auditor- meaning of appointment, term of rotation, cooling period, the applicability of rotation, etc.

Online Examination by an Independent Director - An Overview

Posted by Prashant Panda 11 December 2019 3094 Views

The Ministry of Corporate Affairs/the Central Government, vide its notification dated October 22, 2019, has amended the Companies (Appointment and Qualification of Directors) Rules, 2014. Know all the requirements that one needs to fulfill as an independent director.

Legal Identity Identifier- A Bar Code for Corporates

Posted by Dhanesh 04 June 2020 6891 Views

At the time of the 2008 financial crisis, a single identification code unique to each financial institution was unavailable worldwide. It means that each country had different code systems to recognize the counterpart corporation of financial transactions and calculate the total risk amount.